SG Americas Securities LLC Buys 47,031 Shares of Alaska Air Group, Inc. $ALK

SG Americas Securities LLC boosted its stake in Alaska Air Group, Inc. (NYSE:ALK) by 355.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,266 shares of the transportation company’s stock after purchasing an additional 47,031 shares during the period. SG Americas Securities LLC owned approximately 0.05% of Alaska Air Group worth $3,031,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of ALK. BNP Paribas Financial Markets boosted its stake in shares of Alaska Air Group by 1,563.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,092,368 shares of the transportation company’s stock worth $54,378,000 after buying an additional 1,026,710 shares during the last quarter. Balyasny Asset Management L.P. bought a new position in Alaska Air Group in the third quarter valued at about $48,583,000. Invesco Ltd. boosted its position in Alaska Air Group by 129.4% in the third quarter. Invesco Ltd. now owns 820,296 shares of the transportation company’s stock worth $40,834,000 after purchasing an additional 462,776 shares during the last quarter. Frontier Capital Management Co. LLC grew its stake in shares of Alaska Air Group by 78.4% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,009,317 shares of the transportation company’s stock valued at $49,941,000 after purchasing an additional 443,572 shares during the period. Finally, Norges Bank bought a new stake in shares of Alaska Air Group during the 2nd quarter valued at about $21,485,000. 81.90% of the stock is owned by institutional investors.

Alaska Air Group Trading Down 0.0%

Shares of NYSE:ALK opened at $37.32 on Friday. Alaska Air Group, Inc. has a 12-month low of $33.03 and a 12-month high of $65.88. The company has a market cap of $4.23 billion, a PE ratio of 42.89, a price-to-earnings-growth ratio of 0.51 and a beta of 1.27. The stock has a 50 day moving average of $47.30 and a 200 day moving average of $47.60. The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.32. The business had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.64 billion. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.22%. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.97 earnings per share. Alaska Air Group has set its Q1 2026 guidance at -1.500–0.500 EPS and its FY 2026 guidance at 3.500-6.500 EPS. As a group, equities research analysts expect that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Insiders Place Their Bets

In other Alaska Air Group news, CFO Shane R. Tackett sold 24,000 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $57.15, for a total value of $1,371,600.00. Following the completion of the sale, the chief financial officer owned 43,377 shares in the company, valued at approximately $2,478,995.55. This represents a 35.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Andrew R. Harrison sold 5,500 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $56.63, for a total value of $311,465.00. Following the completion of the transaction, the executive vice president owned 30,828 shares in the company, valued at $1,745,789.64. The trade was a 15.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 56,945 shares of company stock worth $3,204,569. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ALK. Susquehanna increased their price objective on shares of Alaska Air Group from $52.00 to $70.00 and gave the stock a “positive” rating in a research note on Friday, January 9th. Bank of America cut their target price on shares of Alaska Air Group from $70.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday. The Goldman Sachs Group decreased their price target on shares of Alaska Air Group from $68.00 to $61.00 and set a “buy” rating on the stock in a research report on Wednesday. Wall Street Zen upgraded shares of Alaska Air Group from a “sell” rating to a “hold” rating in a research note on Sunday, March 29th. Finally, Zacks Research raised shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $63.67.

About Alaska Air Group

Alaska Air Group is a publicly traded holding company headquartered in Seattle, Washington, that operates two main airlines—Alaska Airlines and Horizon Air. Through these carriers, the company offers scheduled passenger and cargo services across a network spanning the United States, Canada and Mexico. Its core business activities include domestic and international air transportation, loyalty program management under the Mileage Plan brand, and ancillary revenue streams such as baggage fees, in-flight sales and code-share partnerships with other global airlines.

The roots of Alaska Air Group trace back to the foundation of its flagship carrier, Alaska Airlines, in 1932.